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Non-Tech : Any info about Iomega (IOM)?

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To: Franco Forghieri who wrote ()9/23/1996 9:11:00 PM
From: Tom Trawinski   of 58324
 
To ALL: Today's stock price.

OK IOMG finished the day at 18&13/16, and has been on an upward trend for a couple of weeks. There's been some good news regarding the BIOS agreements, and a downward revision on earnings estimates for Q3. As a result of the price going up IOMG now has a 2.3 BILLION dollar market cap. I am thinking its a little high for a company that has not even had 1 billion dollars in sales in a FY. I am a person who learns from the past, and if you all remember correctly IOMG had a market cap of over 6 billion dollars a short three months ago. I was going to add to my 600 shares but think the price is a little on the high side right now. So the overriding question is: Do you think IOMG is over-priced right now?

Thanks for any input,

Tom Trawinski
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